Financial reports from CPAs are often not user friendly. This course shows the ideal template for a Profit & Loss statement that is easy to understand and shows the appropriate percentage of practice collections for each expense category.
Learning Objectives:
Upon completion, participants will be able to assess if expense categories are in proper ratio to practice collections.
Upon completion, participants will be able to understand how overhead percentages differ among practices with differing relationships with third party PPO contracts.
Upon completion, participants will be able to utilize practice profit and loss statements as effective management tools.
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